NewStats: 3,262,159 , 8,176,273 topics. Date: Sunday, 01 June 2025 at 03:50 AM 674g2g

lexy2014:


the one that you are seeing, does it reflect the "true value of dollar to naira exchange rate"?

.... No!!!
What it does is simply over stating...
It's just like your wife coming to tell u that yam is 200 naira while it's 180 just to be safe incase the price increase

PDPdestroyer:
But why did ogododo stop giving us updates on the exchange rate, the moment the naira started gaining strength?
That’s to tell you the mindset of an average Obi er; they don’t want the country to progress as long as an Igbo man isn’t at the helm. That’s why I shake my head for the Yoruba Obidients, those ones are probably the most stupid people in the history of mankind

Una foolishness don reach Ramat Park. I wan post am, but someone dey faster. Check what I posted earlier.

This will throw piggggs into terrible pains.

They've been grunting nonsense theories and ideas all over the thread.

The facts remain that there is no subsidy on the dollar and our forex reserve is increasing.

socialmediaman:
This government is full of propaganda.

Here’s your proof:

https://nairaland.unblockandhide.com/8046241/fact-checking-numbers-cbns-announcement

We know it’s a bad news to you but you will leave to see the greater 9ja either you like it or not

ogododo:

Una foolishness don reach Ramat Park. I wan post am, but someone dey faster. Check what I posted earlier.

Na today you dey know?


U never see pepper for Nairaland

Obere4u:


When it increases, it’s not audio depreciate but when it appreciates, it’s audio

Continue

Listen to yourself.

When it increased, it reflected on every single items including sachet water.

Now it has been going down for some time now according to agbado propagandists and it's not reflecting on any item.

Dennisochampa:
.... No!!!
What it does is simply over stating...
It's just like your wife coming to tell u that yam is 200 naira while it's 180 just to be safe incase the price increase

if you say that the one you are seeing is not the real value and the one on google is not the real value, then what is the real value?

silvoclaira:


Na today you dey know?


U never see pepper for Nairaland

https://nairaland.unblockandhide.com/8042053/naira-up-n1430-parallel-market
Ur madness rabi.

mobisonkk2:
And seems only ibos are angry with any progress this country is experiencing

You obviously don't know what progress is, and in your little mind, out of 200+ ethnic groups in this country, everyone who speaks out against the nonsense of this government is igbo.

femi4:
Not huru yet

Reality is gradually setting in

Cut your losses and sell your dollars now

Earn dollars. Don't hoard it.

https://nairaland.unblockandhide.com/8042053/naira-up-n1430-parallel-market
Ur madness rabi.

Ogododo the ogogoro man went on exile in jubilation when the exchange rates was soaring higher but when it started to fall, he found his voice back. The chicken has come home to roost

ignis:
This dollar is confusing me

Don’t be deceived by three things;
1. $ USD value to Naira.
2. Palliative.
3. Nigeria’s Economy is bouncing back

FitCorper:
Like I said a long time ago, it’s was going to get hard and then get right. It’s not supposed to be easy, that’s not life.

You guys are so used to suffering.
Who told you it’s not supposed to be easy?

lexy2014:


if you say that the one you are seeing is not the real value and the one on google is not the real value, then what is the real value?

...
The one quoted by the cbn!!!!!!!!!!!

eeithis:
trust me if not for oseni and co this dollar for done still dey where em dey?

So na that poor and vile analyst called Oseni paid the $7b withheld fund, curtailed black market local and international speculators and na him dey give Cardoso clue for the effective and targeted policies rolled out.

Sometimes, some of you don't deserve response for your unintelligent comments. Ha! So pathetic.

vowiski:
Lol,

Oshiomole style of leadership as NLC chairman.

They both know fuel will increase by N5. Government Increase fuel by N10. Everyone shouts and Oshiomole jumps round the Country.

Fuel reduces by N5. The original plan of the government, Masses say Fuel has reduced and Oshiomole try oooo.

Tinubu increases exchange rate to N1880. They know the economy is N1300-1400.

They bring it down to N1300-1400. Masses scream, Naira is appreciating.

I am forced to ask; Naira is appreciating from where ? Where did the present government meet it?


You can see the smoke and screen?

Absolutely! Glaringly.


Be surprised that most foolish Naigeerians, would still either refuse to see the smoke and screen or they are just damm right dumb!

tete7000:


I don't understand you. So you mean if there is a sustained downward stability in the forex market for the next 2 months nothing will change?

I'm saying we have other negative policies impacting the prices of goods. Prices will never come down to a satisfactory level. Just a slight decrease. Are you aware that manufacturers are paying higher VAT. Are you aware that the credit limit on which they access loans have gone up? Dey play

jaxxy:


Are we still paying subsidy or not?

You have the evidence, aren't you?

Give us the evidence and answer your question.

The enemies with will cry las las,mark my words. I know a guy who has dollars in deposit, can't say precise amount but I'm sure it's plenty enough to make him smile and come to our office to tell us how naira is going to crash to 2k or more per dollar by this month. I never said it out in his presence but I was always praying for naira to appreciate to N1 = $1 and so shall it be

cucumbar:
You guys are so used to suffering.
Who told you it’s not supposed to be easy?

They have being battered so much with suffering they have accepted it


I read on another thread that Naigeerian government subsidized Hajj prigrimage with 9billion naira. and the dumb masses are happy to say it is not supposed to be easy.

FitCorper:
Like I said a long time ago, it’s was going to get hard and then get right. It’s not supposed to be easy, that’s not life.

But it is easy for the corrupt government to subsidize Hajj prigrimage with 9 billion naira

Klington:


Listen to yourself.

When it increased, it reflected on every single items including sachet water.

Now it has been going down for some time now according to agbado propagandists and it's not reflecting on any item.

... and read what you type by yourself.
So price of goods will come down immediately the naira is getting stronger, you are voodoonomics.

Obi is still not the president, Jagaban is the president.

Dennisochampa:
...
The one quoted by the cbn!!!!!!!!!!!

but you said that the value that you are seeing is not real. which value were you seeing that is not real?

how is CBNs value now the real value?

Donaldoni:




Reality is gradually setting in

Cut your losses and sell your dollars now

Earn dollars. Don't hoard it.

You get time to dey preach.

Wait to laugh over their premier cry

The clueless Tifnubu corrupt government can keep padding up the useless naira, eventually will will see where it will end.


Naira has being a worthless currency since the last 10 years they were just padding it up

routed:


You get time to dey preach.

Wait to laugh over their premier cry

Only time will tell, be surprised that they d lose nothing in the end, the real value of the naira is yet to be determined.

Besides, it is their dollars they can hoard them if they like

Donaldoni:




Reality is gradually setting in

Cut your losses and sell your dollars now

Earn dollars. Don't hoard it.

So you think, you d be surprised they d lose nothing in the end. The real naira value is yet to be determined. Only time will tell.

Besides, it is their dollars they are allowed to do what ever they wish with them.

routed:


... and read what you type by yourself.
So price of goods will come down immediately the naira is getting stronger, you are voodoonomics.

Obi is still not the president, Jagaban is the president.

Agbado economics.

Klington:


Agbado economics.

Their eyes are wide open but they could still not see..

Donaldoni:




Reality is gradually setting in

Cut your losses and sell your dollars now

Earn dollars. Don't hoard it.

reality is when it's below 1000.....It's still cloudy, no rain yet

vowiski:
Lol,

Oshiomole style of leadership as NLC chairman.

They both know fuel will increase by N5. Government Increase fuel by N10. Everyone shouts and Oshiomole jumps round the Country.

Fuel reduces by N5. The original plan of the government, Masses say Fuel has reduced and Oshiomole try oooo.

Tinubu increases exchange rate to N1880. They know the economy is N1300-1400.

They bring it down to N1300-1400. Masses scream, Naira is appreciating.

I am forced to ask; Naira is appreciating from where ? Where did the present government meet it?


You can see the smoke and screen?

I'm glad we still have reasonable people in Nigeria

YourKarma:


You obviously don't know what progress is, and in your little mind, out of 200+ ethnic groups in this country, everyone who speaks out against the nonsense of this government is igbo.

This is how far their dumb brains can comprehend.


Meawhile on another thread it says Tifnubu corrupt government subsidized prigrimage with 9billion naira. And the only thing fools has to feed themselves in this high cost of living times is believing that everyone who criticises Tifnubu is Obi dients!